v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Shares
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Redeemable Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 7,713 $ 25 $ (1,386) $ 1,415 $ 10,309 $ (2,712) $ 62  
Stockholders' Equity                
Net income (loss) 129       131   (2)  
Other comprehensive income (loss), net of tax 60         57 3  
Purchase of treasury stock (5)   (5)          
Common shares issued from treasury stock for share-based compensation 0   26 (26)        
Share-based compensation expense 5     5        
Ending balance at Mar. 31, 2025 7,902 25 (1,365) 1,394 10,440 (2,655) 63  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2024               $ 55
Redeemable Noncontrolling Interest                
Net income (loss)               3
Dividends paid               (1)
Ending balance, redeemable noncontrolling interest at Mar. 31, 2025               57
Beginning balance at Dec. 31, 2024 7,713 25 (1,386) 1,415 10,309 (2,712) 62  
Stockholders' Equity                
Other comprehensive income (loss), net of tax 32         25    
Ending balance at Jun. 30, 2025 7,779 25 (1,343) 1,378 10,340 (2,687) 66  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2024               55
Ending balance, redeemable noncontrolling interest at Jun. 30, 2025               55
Beginning balance at Mar. 31, 2025 7,902 25 (1,365) 1,394 10,440 (2,655) 63  
Stockholders' Equity                
Net income (loss) 212       213   (1)  
Other comprehensive income (loss), net of tax (28)         (32) 4  
Dividends paid (313)       (313)      
Common shares issued from treasury stock for share-based compensation 0   22 (22)        
Share-based compensation expense 7     7        
Other changes (1)     (1)        
Ending balance at Jun. 30, 2025 7,779 25 (1,343) 1,378 10,340 (2,687) 66  
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2025               57
Redeemable Noncontrolling Interest                
Net income (loss)               5
Dividends paid               (7)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2025               55
Beginning balance at Dec. 31, 2025 7,772 25 (1,422) 1,388 10,506 (2,767) 42  
Stockholders' Equity                
Net income (loss) 6       7   (1)  
Other comprehensive income (loss), net of tax 64         65 (1)  
Purchase of treasury stock (26)   (26)          
Common shares issued from treasury stock for share-based compensation 0   5 (5)        
Share-based compensation expense (1)     (1)        
Other changes (3)     (3)        
Ending balance at Mar. 31, 2026 7,812 25 (1,443) 1,379 10,513 (2,702) 40  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2025 53             53
Redeemable Noncontrolling Interest                
Net income (loss)               4
Dividends paid               (1)
Ending balance, redeemable noncontrolling interest at Mar. 31, 2026               56
Beginning balance at Dec. 31, 2025 7,772 25 (1,422) 1,388 10,506 (2,767) 42  
Stockholders' Equity                
Other comprehensive income (loss), net of tax 69         70    
Ending balance at Jun. 30, 2026 7,794 25 (1,459) 1,360 10,527 (2,697) 38  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2025 53             53
Ending balance, redeemable noncontrolling interest at Jun. 30, 2026 59             59
Beginning balance at Mar. 31, 2026 7,812 25 (1,443) 1,379 10,513 (2,702) 40  
Stockholders' Equity                
Net income (loss) 136       138   (2)  
Other comprehensive income (loss), net of tax 5         5 0  
Dividends paid (124)       (124)      
Purchase of treasury stock (36)   (36)          
Common shares issued from treasury stock for share-based compensation 0   20 (20)        
Share-based compensation expense 7     7        
Other changes (6)     (6)        
Ending balance at Jun. 30, 2026 7,794 $ 25 $ (1,459) $ 1,360 $ 10,527 $ (2,697) $ 38  
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2026               56
Redeemable Noncontrolling Interest                
Net income (loss)               5
Dividends paid               (2)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2026 $ 59             $ 59